The Port City is bustling & growing! Situated on 1.176 acres, gentle sloping sunny lot, The Ridge Hotel and Suites is ~16,000 sf with recent extensive renos inside & out completed in 2019. 37 rooms, 2 are 3-bdrm full-service suites with laundry. 35 rooms reno’d to include kitchenettes, upgraded bathrooms, and furniture. Wide hallways, & each level has supply closet for easy cleaning, linens & bedding storage. On-site laundry facilities for guests, & industrial sized machines available if not using local laundry cleaning service. Restaurant seating capacity for ~40 persons with renovated kitchen and newer appliances. Rock now replaces the muskeg allowing for plenty of parking for all sized vehicles. 3-phase power and a BC Hydro Transformer on property if more power required. Expansion of accommodation (increased harbour views) potential with city approvals. Ever increasing revenues. Share sale preferred. Turnkey business. (id:47423)
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Detailed Information
Listing Contract Date
2024-05-14
Property Type
Business
Transaction Type
For sale
Business
Business Type
Accommodation
Business Subtype
Hotel/motel
Building
Constructed Date
1972
Parking Spaces
Name
Spaces
Visitor Parking
Land
Total Size
1.18 acres
Acreage
Yes
Size of Irregular Land
1.18
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